Canadian commodities head joins Deutsche Bank

Derek Davies has left UBS to join Deutsche Bank as the new managing director and head of Canadian commodities in the bank's global markets division.

Davies will help the bank's Canadian clients access its global commodities business. Davies will be based in Calgary, Alberta and report to Tim Sullivan, the managing director and head of commodities sales and origination in North America.

At UBS, Davies held the managing director position and was head of European power, gas and emissions marketing

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